Europe’s “Geopolitical Identity”

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MUNICH (Own report) – At the Munich Security Conference last weekend, the power struggle between Berlin and Washington openly escalated to an unprecedented level. US Vice President Mike Pence reiterated his ultimatum that Berlin and the EU immediately renounce their political and economic projects, which are not fully in accord with US policy, pertaining particularly to the Nord Stream 2 pipeline and the Iran nuclear deal. German Chancellor Angela Merkel rejected the US demands. In view of the dispute with Washington, German Foreign Minister Heiko Maas declared at the Security Conference that “Europe” faces the “crucial question” whether it will be “the subject or the object of global policy in the future.” It must, therefore, “transform geo-economic capital into geopolitical capital” to become “a cornerstone of the international order” and “develop its own geopolitical identity.” Maas is expressing his demands, at a time, when the EU’s Iran policy is about to fall apart and the European power base needed for Berlin’s ambitions is crumbling.

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Exclusive: Iran charts active plans for fighting “Trump’s economic war”

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Tehran is deep in hectic discussions on ways to fight crippling US sanctions – whether by terror or fast-tracked nuclear development, DEBKAfile’s exclusive military and intelligence sources reveal. Continue reading

How New Silk Roads Are Shaping Southwest Asia

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The tall buildings of Abu Dhabi. Business people in the United Arab Emirates and other parts of the Middle East are thinking about being part of the Belt and Road scheme. Image: iStock

 

Businesses in the Middle East have begun to think ‘Make trade not war’ and being part of China’s Belt and Road scheme

Singapore, aiming high for the status of Asia’s unofficial capital, seems like the ideal venue for a conference to discuss how the Middle East could learn a few lessons from ASEAN’s multi-layered relations with China, especially involving partnership in the New Silk Roads, or Belt and Road Initiative (BRI).

But first, let’s get things straight. The “Middle East” is, of course, a Eurocentric, Orientalist denomination. From Asia’s – and China’s – cultural and geographical point of view, the “Middle East” is correctly seen as Southwest Asia. Continue reading

Preparing to Storm America’s Castle

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A foreign power that controls the Caribbean Sea could cripple the U.S. economy.

The United States is being threatened by hostile nations taking over the Caribbean Sea. Major news sources pay little attention to this region, but the Caribbean is vital to U.S. security. This sea not only connects the East Coast with the Pacific Ocean via the Panama Canal, it guards the mouth of the Gulf of Mexico. Half of America’s seaborne trade passes through the Gulf. So a foreign power that controls the Caribbean could cripple the U.S. economy by restricting its access to oceanic shipping.

This geographic reality is why Russia and China want to challenge U.S. dominance in the Caribbean. These aspiring superpowers are forging alliances with socialist governments in Cuba, Nicaragua and Venezuela. If these Latin dictatorships become staging grounds for Russia and China, a coalition of nations could potentially cut off U.S. access to the Panama Canal and seal off the Straits of Florida and the Yucatan Channel.

As shocking as this scenario sounds, the Bible reveals that enemies will seize control of the world’s most strategic maritime choke points and lay siege to the United States. America is going to lose access to the Panama Canal, the Straits of Florida, the Windward Passage, the Yucatan Channel and many other shipping lanes that its people rely on for food, electronic components, oil, raw materials and other goods.

The results will be devastating. Continue reading

Erdogan Says Venezuelan Gold Will Be Processed In Turkey

 

Turkey’s President Recep Tayyip Erdoğan said on Tuesday that Venezuelan gold would be processed in the Central Anatolian province of Çorum.

Speaking at a rally ahead of local elections on March 31, the president said Çorum would reach a new level in terms of gold trade amid reports that Venezuela sells most of its gold to Turkish refineries. Continue reading

Australia: One Foot in Asia v the West

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QUESTION: Hello Martin Armstrong,

Australia seems to have one foot in the West and one in the East. With the fall of the Western economies and then the rise of Asian economies, how does that affect the Australian economy? Does the real estate bubble collapse the Aussie economies and then the rise of China creates the opportunity to rebuild the economy after 2032?
Thanks for all the work you do. Continue reading

The Power of the Pipes

BERLIN/MOSCOW/BEIJING (Own report) – The privileged German-European access to Russian natural gas could be lost, is the warning, as the battle over the “Nord Stream 2” pipeline persists. According to a recent analysis published by Oxford University, western sanctions, imposed on Russia in 2014, have encouraged Moscow to seek alternative markets for its resources. China, in particular, plans to purchase large amounts of Russian natural gas. The first pipeline is scheduled to go into operation this year. A second pipeline – tapping the fields currently supplying gas exclusively to Europe – is in planning. The same applies to new Russian liquefied gas projects. In the future, “European customers” will most likely have to compete in Russia with “Asian customers,” the Oxford University analysis predicts. Instead of forcing Moscow to its knees, the sanctions could put an end to Berlin’s privileged access to Russian natural gas and if the “Nord Stream 2” fails, it could further worsen the EU’s position.

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Three Blocs

BERLIN (Own report) – The German government is proposing a new industrial strategy to shield German companies from takeovers by foreign corporations, while facilitating mergers of large German and EU corporations. The “National Industrial Strategy 2030” presented yesterday, by Germany’s Minister of the Economy Peter Altmaier intends to enable the German industry to prevail in global competition against Chinese, as well as, US corporations. So-called “national” or “European champions” are needed, even if they do not comply with current anti-trust regulations. This has been a proposal in Berlin for quite awhile. Measures are needed “to secure” or “regain Germany’s and the European Union’s economic and technological leadership.” This is also in response to a protectionist race to reindustrialize the USA and the EU, which was launched under Barack Obama and is now being accelerated by the Trump administration.

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Leaked Wikileaks Doc reveals US Military use of IMF, World Bank as “unconventional” weapons

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WASHINGTON – In a leaked military manual on “unconventional warfare” recently highlighted by WikiLeaks, the U.S. Army states that major global financial institutions — such as the World Bank, International Monetary Fund (IMF), and the Organization for Economic Cooperation and Development (OECD) — are used as unconventional, financial “weapons in times of conflict up to and including large-scale general war,” as well as in leveraging “the policies and cooperation of state governments.”

The document, officially titled “Field Manual (FM) 3-05.130, Army Special Operations Forces Unconventional Warfare” and originally written in September 2008, was recently highlighted by WikiLeaks on Twitter in light of recent events in Venezuela as well as the years-long, U.S.-led economic siege of that country through sanctions and other means of economic warfare. Though the document has generated new interest in recent days, it had originally been released by WikiLeaks in December 2008 and has been described as the military’s “regime change handbook.” Continue reading

De-Dollarization Accelerates: Iran Unveils Gold-Backed Cryptocurrency

 

Four banks in the Islamic Republic of Iran have developed a gold-backedcryptocurrency called PayMon, financial news website Financial Tribune reported on Jan. 30.

According to the article, the crypto asset has been developed in cooperation with the Parsian Bank, the Bank Pasargad, Bank Melli Iran and Bank Mellat. Iran Fara Bourse, an over-the-counter (OTC) cryptocurrency exchange, will reportedly list the new cryptocurrency. Continue reading

Huawei Is Being Targeted Because Of The “Tech Arms Race”, Not The “Trade War”

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Acting U.S. Attorney General Matthew Whitaker answers questions from reporters as he stands in front of Commerce Secretary Wilbur Ross, right, at the Justice Department in Washington on Jan. 28.

 

Huawei is the only company capable of competing with Apple, and it’s also the global leader in the 5G technology that’s expected to take the “Fourth Industrial Revolution” to its next phase. The US fears losing its global monopoly on the internet in general and wireless technologies in particular, especially in what it had previously regarded as its lucrative “captive markets” in the West, so it has an incentive to fearmonger about Huawei’s intentions in order to deter others from doing business with them. It also shouldn’t be seen as coincidental that American ally Poland recently cracked down against an alleged Huawei conspiracy as well, since this sends a trans-Atlantic signal of what the US is after. Continue reading

The next recession will sweep the Socialists into power

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What I’m about to say may sound totally crazy at first. But keep reading, because I think you’ll agree that it’s dead-on accurate.

There’s a recession coming.

No, that’s not some Chicken Little “The Sky is Falling” statement. Far from it. It’s just a fact: economies and financial markets always go through boom and bust cycles.

There are good years and lean years, up years and down years. Continue reading

Intelligence Network against China

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BERLIN/TOKYO (Own report) – In Tokyo today, German Chancellor Angela Merkel will conclude a statement of principles on intelligence service cooperation with Japan more closely linking Germany to espionage structures directed against China. According to reports, the agreement will initially regulate the exchange of intelligence information, along the lines of similar agreements Japan has concluded also with the USA, Australia, India, and NATO. Berlin and Tokyo are thereby drawing closer to the US-led “Five Eyes” intelligence network, which launched an international campaign against Beijing last summer. As the Western campaign against China gains momentum, the German government, together with Japan, is also seeking to make a stand against the USA, staking its claim to an independent global policy. Therefore, Berlin is taking joint action, not only with Japan, but with Beijing as well against the Trump administration’s punitive tariffs, as Norbert Röttgen, CDU foreign policy maker explained.

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The Size of Corporate Debt One Rung Above Junk Has Never Been Greater, Warns Louis Gave

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Louis Gave at Gavekal Research says the greatest source of potential instability in the years ahead lies with the massive growth of the U.S. corporate debt market, particularly at the BBB-rated (near junk) level. Continue reading

IoT, 5G, 4th Industrial Revolution Set to Bring Us the ‘Connected Cow’

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(Photo Credit: Successful Farming)

 

Much like the 3rd Industrial Revolution that came with the digital computer, breakthroughs will come at a break-neck pace.

As TruNews has frequently reported over the last couple of years, the world is now entering the 4th Industrial Revolution. Continue reading